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Flat 1, 150, Lincoln Road, Skegness is described in the public record as a period apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 150, Lincoln Road, Skegness is £63,918 and its rental estimate is £456 per month, given the available information and assuming reasonable condition.
150, Lincoln Road is a residential building on Lincoln Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Flat 1, 150, Lincoln Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 150, Lincoln Road, Skegness, we estimate a market value of £67,114 and a rental value of £479 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,444 and £424 per month respectively.
Over the last year, Flat 1, 150, Lincoln Road, Skegness has seen its estimated sale value decline by £665 (1.0%) and its estimated rental value climb by £29 per month (6.3%). This results in an estimated gross rental yield of 8.6%.
Flat 1, 150, Lincoln Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 1, 150, Lincoln Road, Skegness have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was Flat 1, 152, Lincoln Road, Skegness, PE25 2DN, a leasehold flat which sold for £69,005.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 140 addresses on Lincoln Road, Skegness, PE25, Flat 1, 150, Lincoln Road, Skegness comes out as the 135th largest and the 136th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the PE25 district.
From Flat 1, 150, Lincoln Road, Skegness, the nearest station is Skegness, 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 150, Lincoln Road, Skegness, % of property is and % is .
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 150, Lincoln Road, Skegness, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 150, Lincoln Road, Skegness, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 150, Lincoln Road, Skegness, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.